Raslag Balance Sheet Health
Financial Health criteria checks 3/6
Raslag has a total shareholder equity of ₱2.2B and total debt of ₱2.0B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are ₱4.5B and ₱2.3B respectively. Raslag's EBIT is ₱215.8M making its interest coverage ratio 3.3. It has cash and short-term investments of ₱604.3M.
Key information
92.0%
Debt to equity ratio
₱2.03b
Debt
Interest coverage ratio | 3.3x |
Cash | ₱604.30m |
Equity | ₱2.20b |
Total liabilities | ₱2.26b |
Total assets | ₱4.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASLAG's short term assets (₱916.2M) exceed its short term liabilities (₱710.6M).
Long Term Liabilities: ASLAG's short term assets (₱916.2M) do not cover its long term liabilities (₱1.5B).
Debt to Equity History and Analysis
Debt Level: ASLAG's net debt to equity ratio (64.5%) is considered high.
Reducing Debt: ASLAG's debt to equity ratio has reduced from 122.9% to 92% over the past 5 years.
Debt Coverage: ASLAG's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: ASLAG's interest payments on its debt are well covered by EBIT (3.3x coverage).